FHA loans come with a benefit that can be appealing at a time of rising interest: assumability, meaning a buyer may qualify to simply take over your mortgage at today's relatively low rates.
Putting your life savings in to a DIA would probably be unwise, but they can be a good option for a portion of your long-term retirement funds, ensuring an income regardless of how the markets fare.
How do you become a millionaire? To hear millionaires tell it, saving is the most common path -- beating out investments, inheritance or even marrying a sugar daddy (or mama).
If you'll be a short-term borrower or have a stomach for risk, it's still worth it to consider an adjustable-rate mortgage.
Your home's condition will be reflected in a lender's appraisal, determining whether you get a new mortgage and how large it can be.
The average five-year CD pays a measly 0.746%. You'd kick yourself for locking money up at that rate if newer CDs were more generous in a year or two.
The 'annual percentage rate' figure quoted on mortgages can be confusing, and government regulations that took effect Friday do little to make them clearer.
Retirees, the self-employed and many others often find themselves in a fix when mortgage shopping -- they are asset rich and income poor.
Before you panic and sell all your bond holdings in favor of cash or stocks, look at corporate bonds first.
There some pretty simple ways to make your finances more efficient and profitable in the new year.